BPU recommends JCP&L cut rates by more than $200 million

12:16 AM,
Feb. 5, 2014

JCP&L crews work in Manasquan in September 2011 following Hurricane Irene.

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Jersey Central Power & Light customers finally may have the upper hand and get some big relief from their electric bills.

Last week, the staff of the state Board of Public Utilities let loose a bolt of juice on the Morristown-based electric utility, making a recommendation that advocates say is on your side.

JCP&L should cut its rates by nearly $207.4 million, the staff said in court papers. If the BPU goes with the staff's recommendation, it would slice a one-third chunk from a residential customer's electric bill, said Stefanie Brand, director of the state Division of Rate Counsel. ...